Why T. Rowe Price Opposes the Dell Buyout

Andrew Bary, associate editor of Barron's, adds up the likely votes against Michael Dell's proposed buyout of his company.

This transcript has been automatically generated and may not be 100% accurate.

I ... T Rowe price is making a little harder for Michael Dell to buy his own company and Jack Otter editor of Barron's dot com I'm here ... to bury associated magazine ... and you can on this story from the very beginning he says that Dell's offers companies however rodeo ... more more people are coming to preview including T Rowe price was less ... with fewer praise the came out a review its opposition to the and Michael Dell buyout bid ... and any T Rowe Price view that the price that Michael Dell's one UK which is thirteen dollars and fifty five cents pre deal share ... it if the infestation ... so right now we've got Carl Icahn also vehemently opposed anti euro as their numbers two and three behind Michael Dell himself with the shareholders what's your math on whether this thing can actually go for ... what would it be with about twenty percent of shareholders who are committed to our against the deal ... is rumored to that another big shareholder Blackwell and should be against goes well with the ringgit opened at twenty five percent ... it's estimated that as many as ten percent of shows will not vote ... and act effectively a no vote that free gift around thirty five percent and they know what the just about forty to forty three percent to carry the day which are making ... me mad very difficult ... for Michael Dell ... because if you go about the scanners ... by and no and that an expansion even know if the Fed the no vote in so many we tell investors that they don't cast their votes ... just one more thing you do a lot of careful analysis of these companies while cutting the price when you put on the twenty think a fair price for this company ... I I think a place in the mid to high fees and probably more fair than what ... Michael Dell willing to pay a mean you have Southeastern and Icahn saying the company with over twenty dollars a share ... and again the rally include packages which is to topple Fidel if you do it that it has nearly doubled fell out ... of the opinion of Michael Dell is paying look in the lift gender extension of ... the pack has nothing to do well